Jinneng Holding Shanxi Coal Industryltd Second Quarter 2024 Earnings: EPS: CN¥0.39 (vs CN¥0.41 in 2Q 2023)

Simply Wall St

August 29, 2024

Jinneng Holding Shanxi Coal Industryltd (SHSE:601001) Second Quarter 2024 Results

Key Financial Results

Revenue: CN¥3.72b (flat on 2Q 2023).
Net income: CN¥656.2m (down 2.8% from 2Q 2023).
Profit margin: 18% (in line with 2Q 2023).
EPS: CN¥0.39 (down from CN¥0.41 in 2Q 2023).

earnings-and-revenue-growth — SHSE:601001 Earnings and Revenue Growth August 29th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Jinneng Holding Shanxi Coal Industryltd Earnings Insights

Looking ahead, revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Oil and Gas industry in China.

Performance of the Chinese Oil and Gas industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Jinneng Holding Shanxi Coal Industryltd you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.